Latin America Mining News

MGX gets a hold of three lithium projects in Chile

Exactly six months after hinting at the possibility of opening shop in Chile, MGX Minerals is acquiring 50 per cent of the issued shares of Chilean Lithium Salars.

Teck's Quebrada Blanca project gets green light

Teck Resources received regulatory approval for its Quebrada Blanca Phase 2 project in the Tarapacá Region in northern Chile.

Indian miner sues Uruguay for $3.5 billion

Zamin Ferrous alleges that the passing of a new mining law turned out to be a major change in the game rules in the South American country.

Humiliated for years, women are fighting back in Chile's mines

Mining companies around the globe are joining an industrywide push for gender equality and launching initiatives to increase the proportion of women working in mine pits, smelters and refineries.

Indonesia issues new tax rules as Freeport seeks fiscal guarantee

Freeport reshapes Indonesia business in deal with govt.

Yamana Gold names new CEO, creates executive chairman role

Founder gives up CEO role.

Premier Gold revenues decline on changing geological interpretations

At Premier's Mercedes Mine production and costs were impacted by differences in the orebody geometries as compared to the original models. 

Samarco eyes restart in 2019, when Brazil license analysis concludes

Samarco expects to obtain next year all licenses needed to resume operations suspended after the 2015 environmental disaster.

Chile lithium exports more than double in July from previous year

The value of exports of the metal from Chile, one of the world's top producers of lithium, jumped 51 percent in the first seven months of the year.

Condor gold receives environmental permit to construct and operate a new mine at LA India project, Nicaragua

Condor Gold has received an environmental permit for the development, construction and operation of a processing plant and its associated mine site infrastructure at its La India Gold Project, located in Leon, Nicaragua.

Condor Gold to start building mine in Nicaragua

Despite the political unrest in the Central American country, Condor has received an environmental permit for the development of a processing plant and associated mine site infrastructure at La India gold project.

Five people dead in rockslide accident in Mexico

Five bodies were recovered from a collapsed marble and limestone mine in the town of Dengantzha, located in the Hidalgo state.

Wait until you see the price of gold in Venezuela right now

Venezuela’s once prosperous economy destroyed by corruption and mismanagement.

Brazil mining exports to rise 2.5 pct in 2018 -Ibram

By value, mineral exports are expected to increase to $30 billion from $28.37 billion last year.

Tahoe Resources CEO says top priority is ending Guatemala mine dispute

The new chief executive of Tahoe Resources Inc said on Thursday that his top priority is ending a long-running dispute in Guatemala that has stopped all of the mining company’s silver production.

Tahoe Resources posts quarterly loss on Guatemala mine dispute

The Nevada-based company posted a second-quarter loss of $15.6 million, or 5 cents per share, compared to a profit of $33.5 million, or 11 cents per share, in the year-ago period.

Workers at Chile's Caserones copper mine vote to strike – union

The main union at Chile's Caserones mine has rejected operator Lumina Copper's final contract offer and workers have approved strike action.

McEwen Mining posts loss on strong investment to grow key assets

The Canadian precious metals miner logged a $10.6-million net loss for the first half of the year following a $49-million investment in its Gold Bar, Black Fox and Los Azules projects during the period.

Fresnillo soars despite profit drop on Silverstream revaluation

Silverstream valuation had an adverse effect on profit before income tax, which came down 16.6% to $323 million.

Codelco's Chuquicamata copper mine hit by strike, blockage

Workers have downed tools and blocked access to the mine in protest of the "unjustified layoff" of two colleagues.

Chile's Escondida mine workers reject labor offer, to vote on strike

The vote began on Saturday and will continue through the middle of next week.

Part-owner of Chile lithium producer SQM sells $275M bond

The bond had an annual interest rate of 4.5 per cent and a duration of 15 years, Calichera said in a note to the market regulator.

Teck Resources says poised for growth, names new chair

The world's second-biggest exporter of steelmaking coal stuck to its annual production forecast of 26 million to 27 million tonnes.

Peruvian mining society says approval of Quellaveco project marks a new era for the country

The president of Peru’s National Society of Mining, Petroleum, and Energy said the project will create 9,000 jobs during its construction phase and additional 2,500 once it goes into production.

Lundin Mining CEO Conibear to retire

Canada's Lundin Mining Corp said Chief Executive Officer Paul Conibear is retiring and also reported a 3 percent rise in second-quarter profit on Wednesday.